- Jun 6, 2007
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OPEC with their keeping low the Cartel's oil spigot are acting like insane people, seriously the world is seeing stark raving lunatics run OPEC or to put it another way the leaders in OPEC are acting like the dumbest mule in the world. The AGE OF OIL is ending, devastating harm to the planet has and is occurring from climate change due to the world's use of fossil fuels to reasonable people these are facts necessitating the world stopping its principle reliance on carbon fuels the only issue is at what rate the world ends its reliance. OPEC countries like Iraq, Kuwait and Nigeria which are heavily dependent on oil producing revenue should be pushing OPEC to sell every barrel of oil they can keeping the price of a barrel of oil between forty-five dollar and seventy-five dollars. Energy industry experts are telling the world public that oil prices are going to be above ninety dollars a barrel and will likely go much higher than that for the foreseeable future. This is the reality experts and oil producers the American public is not going to allow this to happen; they are already mad as hell having to put twenty, forty, sixty dollars per week more into buying gas. If this oil industry opportunism continues, the Republicans are going to gain a chamber in Congress with 2022 elections they are going to force the Biden Administration to conduct sales of energy production leases on Federal lands they are going to force the Biden Administration to sign a law forbidding the Federal government to condition issuing drilling permits on climate effect analysis of such drilling and America is going to get back big time in the oil and natural gas producing business! Furthermore, if the price of oil long-term in the future continues to pinch American family budgets, the world will see around 2030 American politicians pass laws banning in that decade production of combustion engine passenger vehicles and light trucks, so demand for your product OPEC will drop into the basement so OPEC stop steaming the world energy consumer by manipulating supply!
